Arunaya Organics Ltd. logo

Arunaya Organics was incorporated on July 30, 2010. The company is involved in trading and manufacturing various dyes and intermediates, including reactive, acid, direct, basic, and solvent dyes. Products are offered in multiple forms, like spray-dried powders, granules, crude, RO-treated, and salt-free variants.

Bidding Dates
29 Apr 2025 - 02 May 2025
Subscription
2.45x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹110,0001120005.9 M₹55 - ₹5860.79 %₹322.3 M - ₹339.9 MRHP DOC

Arunaya Organics IPO SUBSCRIPTION STATUS

02 May '25
Total2.45x
Retail Individual Investor4.11x
HNI (NII) Investors1.54x
Qualified Institutional Buyers0.96x

Arunaya Organics IPO overall subscription rate was 2.45 times the total available shares

Arunaya Organics IPO retail subscription rate was 4.11 times in the retail segment

Arunaya Organics IPO non-institutional investor subscription rate was 1.54 times in the non-institutional investor category

Arunaya Organics IPO Qualified Institutional Bidder subscription rate was 0.96 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation40%40%20%
02 May 2025
(Day 3)
4.11x1.54x0.96x
30 Apr 2025
(Day 2)
1.86x0.5x0.95x
29 Apr 2025
(Day 1)
1.26x0.05x0.92x

Arunaya Organics FINANCIALS

Period Net Profit (Rs in millions) Interest Income (Rs in millions) Cash Flow from Operations (Rs in millions) Free Cash Flow (Rs in millions) Margins
9MFY25 36.0 578.5 6.3 6.3 11.3%
FY24 40.6 622.3 13.8 13.8 10.4%
FY23 17.3 758.5 -31.6 -31.6 3.7%
FY22 13.3 615.5 -5.7 -5.7 3.2%

Arunaya Organics IPO SUBSCRIPTION STATUS DETAILS

Arunaya Organics had 5.9 M shares on offer

Arunaya Organics IPO offer price was in the range ₹55 - ₹58

Arunaya Organics IPO minimum Investment was ₹110000

Arunaya Organics IPO issue size was ₹ 322.3 M - ₹ 339.9 M

Arunaya Organics had a minimum lot size of 2000 Shares per application

Arunaya Organics NUMBER OF SHARES ON OFFER

Total5.9 M
Fresh Issue5.3 M
Offer for Sale600.0 K
Post Issue Promoter Holding %60.79 %

Arunaya Organics IPO IMPORTANT DATES

Issue Open Date29 Apr 2025
Issue close Date02 May 2025
Allotment Date05 May 2025
Refund Date06 May 2025
Demat Account Credit Date06 May 2025
Listing Date07 May 2025
Listing on Exchange(s)NSE
Arunaya Organics Allotment StatusExchange/ Registrar

Arunaya Organics IPO subscription opened on 29 Apr 2025, and closed on 02 May 2025

IPO allotment for Arunaya Organics was finalized on Monday, 05 May 2025

IPO listing for Arunaya Organics was on NSE on Wednesday, 07 May 2025

Arunaya Organics IPO LISTING GAINS

Issue Price (adjusted)58.0
Listing Open Price30.1
Listing Close Price31.6
Listing Gain%-48.1%
Current Gain%-76.3%

Arunaya Organics Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Arunaya Organics Ltd.13.824.16.5-0.50.27.64.1104.926.63.7-11.92.1-11.9
Sudarshan Chemical Industries Ltd.1157.69219.1104.41.80.90.60.29866.419222.3-6011.159.6
Kiri Industries Ltd.508.43312.80.603.286.579.11015.718.85566.52002.7890.74656.4
Bodal Chemicals Ltd.158.61997.313.900.84.122053.916.947.8158.511.4306.6
Shree Pushkar Chemicals & Fertilisers Ltd.549.61777.419.80.81.511.57.2990.221.270.119.627.725.1
Bhageria Industries Ltd.380.31659.814.70.11.37.85.4880.846.446.11425.9121.9

Arunaya Organics INFORMATION ON IPO ISSUE

About Arunaya Organics

Arunaya Organics was incorporated on July 30, 2010. The company is involved in trading and manufacturing various dyes and intermediates, including reactive, acid, direct, basic, and solvent dyes. Products are offered in multiple forms, like spray-dried powders, granules, crude, RO-treated, and salt-free variants.

Object of the Issue

  • Setting up of a new manufacturing facility located at Bharuch, Gujarat
  • Funding working capital requirements of the company
  • General corporate purposes

Arunaya Organics - PROMOTERS

Name
Vinod Agrawal
Shivali Agrawal

Arunaya Organics Book Running Lead Manager

Unistone Capital Private Limited

mb@unistonecapital.com

Arunaya Organics Registrar to the issue

Bigshare Services Private Limited

ipo@bigshareonline.com

Arunaya Organics Strengths

Diverse product portfolio

The company offers a wide range of dyes, including Acid, Basic, Direct, Solvent, Intermediate, and Reactive Dyes, in various colours. It also provides customised solutions, focusing on quality and market-driven product innovation

Strength

In-house R&D

The company equally prioritises R&D for new product development and QC for meeting customer quality standards. Scaling lab-developed products to commercial production remains a key challenge

Strength

Quality assurance practices

The company prioritises adherence to quality standards and the timely delivery of products. Rigorous checks on raw materials ensure consistent product quality, which is vital to its business success

Strength

Arunaya Organics Risks

Dependent on a third party

The company relies on its group company for product supply. Any disruptions in production, supply chain, or quality compliance could negatively impact the company’s reputation, business, and financial health

Risk

Dependent on a few customers

The company is dependent on a few customers for a major part of its revenues. Further, it does not enter into long-term arrangements with its customers. Any failure to continue existing arrangements could adversely affect its business and results of operations.

Risk

Operational risks

The company manufactures dyes involving hazardous materials, requiring strict compliance with safety, health, and environmental regulations. These cover pollution control, waste handling, employee safety, and prevention of accidents, fires, and environmental damage

Risk

IPO FAQs

  • This IPO consists of an offer for sale of up to Rs 3.5 crore, of 600,000 shares. It also consists of a fresh issue of Rs 30.5 crore.
  • The promoters of the company are Vinod Agrawal and Shivali Agrawal.
  • The category allocation of qualified institutional buyers is 20.0%, the category allocation of non individual investors or high networth individuals is 40.0% and for retail investors it is 40.0%.
  • The price band of the IPO is Rs 55.0 - 58.0.
  • The IPO application opens on Apr 29, 2025 and closes on May 02, 2025.
  • The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
  • For all category investors, the minimum application amount for this IPO is Rs. 110,000.0, the maximum value for this IPO is Rs 116,000.0.
  • This IPO will be allotted on May 05, 2025.
  • The refund will be credited to your account on May 06, 2025.
  • The allotted shares will be credited to your demat on May 06, 2025.
  • Arunaya Organics Ltd.’s shares listed on the stock exchanges on May 07, 2025.